{"id":842,"date":"2024-10-08T13:32:10","date_gmt":"2024-10-08T13:32:10","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=842"},"modified":"2024-10-08T13:32:10","modified_gmt":"2024-10-08T13:32:10","slug":"bitcoin-dips-below-62500-as-spot-etfs-book-235m-net-inflows","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=842","title":{"rendered":"Bitcoin Dips Below $62,500 As Spot ETFs Book $235M Net Inflows"},"content":{"rendered":"<div>\n<p>U.S. spot <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) exchange-traded funds saw significant inflows, totaling $235.19 million on Monday, bucking the trend of net outflows in <a href=\"https:\/\/www.benzinga.com\/top-stories\/24\/10\/41207224\/bitcoin-ethereum-etfs-saw-147m-net-outflows-chances-of-second-50-basis-point-interest-rate-cut-evapo\">the previous week<\/a>.<\/p>\n<p><strong>What Happened<\/strong>: <a href=\"https:\/\/www.theblock.co\/post\/319949\/us-spot-bitcoin-etfs-saw-235-million-in-net-inflows-yesterday-led-by-fidelitys-fbtc?utm_source=rss&amp;utm_medium=rss\">According to<\/a> The Block, <strong>Fidelity<\/strong>\u2018s (BATS:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/FBTC#BATS\">FBTC<\/a>) led the charge with $103.68 million in inflows. <strong>BlackRock<\/strong>\u2018s (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/IBIT#NASDAQ\">IBIT<\/a>) the largest <a href=\"https:\/\/www.benzinga.com\/money\/best-spot-bitcoin-etfs\">spot bitcoin ETF<\/a> by net assets, followed closely with $97.88 million.<\/p>\n<p><strong>Bitwise<\/strong>\u2018s (BATS:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/BITB#BATS\">BITB<\/a>) reported $13.09 million in inflows, while <strong>Ark<\/strong> and <strong>21Shares<\/strong>\u2018 (BATS:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/ARKB#BATS\">ARKB<\/a>) saw $12.63 million.<\/p>\n<p><strong>VanEck<\/strong>\u2018s (BATS:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/HODL#BATS\">HODL<\/a>) and <strong>Invesco<\/strong>\u2018s (BATS:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/BTCO#BATS\">BTCO<\/a>) recorded inflows of $5.37 million and $2.53 million, respectively. &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41228857\/bitcoin-dips-below-62-500-as-spot-etfs-book-235m-net-inflows\" alt=\"Bitcoin\" dips below as spot etfs book net inflows>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>U.S. spot Bitcoin (CRYPTO: BTC) exchange-traded funds saw significant inflows, totaling $235.19 million on Monday, bucking the trend of net outflows in the previous week. What Happened: According to The Block, Fidelity\u2018s (BATS:FBTC) led the charge with $103.68 million in inflows. BlackRock\u2018s (NASDAQ:IBIT) the largest spot bitcoin ETF by net assets, followed closely with $97.88 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-842","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=842"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/842\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}